St James’s Place shares slide as Iran war damages inflows April 29, 2026 St James’s Place saw a sharp decline in its share price during early morning trading on Wednesday, as Iran war volatility damaged inflows and funds under management. The FTSE 100 wealth manager saw shares tumble 5.2 per cent to 1,187p, with shares down 14.8 per cent this year to date. The group reported a 9.4 [...]
Barclays shares slide as sour loan provisions balloon to £823m April 28, 2026 Barclays made a mammoth reservation for bad loans in the first quarter led by the hostilities in the global market and a single name charge in its investment banking division. The blue-chip lender set aside £823m for potential loan losses, up from £643m in the same period last year, in a stark sign the firm [...]
Banks brace for potential tax raid if Starmer is ousted April 25, 2026 Banks in the UK are bracing for potential tax raises, as expectations that Keir Starmer could soon be replaced by a more leftwing Labour politician continue to grow. The banking sector narrowly evaded a tax increase in last year’s Autumn Budget after chancellor Rachel Reeves sought reassurance that they would boost lending in the UK [...]
Motor finance and wealth progress in spotlight for Lloyds earnings April 24, 2026 Investors will be looking for old wounds to be heal and crucial updates on expansion progress when Lloyds Banking Group gives its first-quarter update next week. The FTSE 100 banking titan – which is frequently cited as the UK’s most-traded stock – will give markets an insight into how it started the new year on [...]
AJ Bell inflows surge after record customer growth April 23, 2026 One of the UK’s largest investment platforms recorded a surge in net inflows in its latest trading update after attracting an influx of new customers. AJ Bell reported a 42 per cent rise in net inflows during the second quarter of the financial year, jumping from £1.9bn in 2025 to £2.7bn. Gross inflows also hiked [...]
Aberdeen leans on Interactive Investor as assets under management plunge April 22, 2026 Asset manager Aberdeen reported a drop in assets under management and advice in the first financial quarter, after the performance of Interactive Investor failed to combat outflows and market volatility. Assets under management and advice (AUMA) slipped from £556bn to £547.7bn, amid weaker markets, the disposal of its financial planning business and net outflows of [...]
Investment risk misunderstandings fuel cash hoarding April 21, 2026 Brits’ confusion over investment risk warnings has kept people clinging to cash and damaged economic growth, according to recent findings. Nearly 35 per cent of savers admitted the fear of losing money was holding them back from stepping into the stock market, according to the latest research from Barclays, with only 12 per cent expecting [...]
Saba Capital will likely gain “effective control” of IEM after tender offer April 21, 2026 Investment trust Impax Environmental Markets have acknowledged Saba Capital is likely to have “effective control” following the completion of its exit tender offer, as the US hedge funds looks to oust the board. In response to a letter sent to the board by Saba, Impax Envrionmental Markets (IEM) confirmed its exit tender offer remained on [...]
Semi-liquid vehicles set to surpass $3 trillion as more retail investors enter the market April 20, 2026 Wealth managers and private market fund managers anticipate semi-liquid assets under management to rocket over the next four years, as more retail investors tap into the market. Assets under management (AUM) held in semi-liquid vehicles is expected to exceed $3 trillion (£2.2 trillion) in 2030, according to Carne Group, with the market nearly tripling between [...]
Wall Street scales to record highs as investors bet the end of the Iran war is in sight April 16, 2026 Wall Street surged to fresh record highs on Wednesday amid growing optimism among investors and traders that the end of the US-Iran war is near as both nations gear up to return to the negotiating table. The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8 per cent over [...]